Mayer Brown advises City Link on sale to Better Capital
1 May 2013
London - Leading global law firm Mayer Brown has advised the management team of UK premium parcel delivery firm, City Link, in connection with the sale of City Link by Rentokil Initial to private equity fund Better Capital.
City Link will continue to be run by the management team, under chief executive David Smith. The company provides same day, next day and time-definite deliveries, along with pallet delivery and postal mail collections.
Andrew Stewart, Corporate partner, said: “This is a really exciting time for City Link as the new capital and expertise of Better Capital will help to accelerate the investment and improvements they are making to their business.”
The Mayer Brown team was led by Corporate partner Andrew Stewart and included Employment partner Nicholas Robertson, senior associate Ann Robson, associate Imogen Finnegan; Corporate senior associate Connor Cahalane and Tax senior associate Simon Slade.